16 Jan 2024

Business Development Manager – Bancassurance at The Kenyan Alliance Insurance

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Job Description

The Kenyan Alliance Insurance is a leading Insurance and Financial Services Company offering a wide range of financial products and services in insurance. The product range includes life and general insurance, pensions, investment planning, wealth management, retirement planning and medical insurance.

As part of our growth strategy, the Company seeks to recruit a dynamic, passionate, innovative and result orientated professional to the below position;

Main Purpose of the Job- (Job Summary)

The role holder is responsible for handling Banks relationships at the H/O level to ensure smooth flow of business in all units, in charge of Bancassurance business acquisition and recruitment of new Financial Institutions.

Main Responsibilities

  • Handling Banks relationships at the H/O Level to ensure smooth flow of business in all units.
  • To procure General Insurance Business from financial institutions and ensure that effective marketing networks are maintained.
  • To ensure that there is market share growth & expansion by recruiting more financial institutions in the panel.
  • To Support Branches in procuring Bancassurance business and assist in closing the same.
  • To ensure that the Bancassurance customer service TAT’S for claims, underwriting and finance are consistently achieved.
  • To organize meetings between heads of business in banks and our business development team headed by the Senior Relationship Manager – Bancassurance
  • To ensure that the Banca Business is profitable and that the profit and cost centers in the department are consistently on budget.
  • Ensuring that there are adequate manpower levels in the department.
  • To play an active role in fostering strong teams in the three line of business in the organization.
  • Any other duty as may be given from time to time.

Knowledge & Experience

The candidate must demonstrate and possess the following skills and qualifications:

  • Degree in a relevant field
  • ACII
  • 10yrs’ working experience in insurance, five (5) of which in senior management position.
  • In depth understanding of the General Insurance products and operations
  • Good communication and presentation skills at a senior level
  • Strategic planning and management experience
  • Experience in change management and the ability to positively lead change
  • Experience in budgeting and Strategic financial planning
  • Good knowledge of the insurance business
  • Good leadership skills.

Method of Application

If you are interested in the position and have the required qualifications, please email a detailed CV indicating the current and expected salary and cover letter clearly indicating ‘BUSINESS DEVELOPMENT MANAGER - BANCASSURANCE ’ on the subject line to [email protected] by 30th January 2024. Only shortlisted candidates will be contacted.


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